Once you have found the right property, the next step is to make a purchase offer to the seller.

• Determine the price you want to offer:
  • The price the seller is asking may or may not reflect realistic market value.
  • The best way to determine market value is with a Comparative Market Analysis (CMA) showing similar properties that sold recently, those that are currently active on the market, and those that failed to sell.
  • We will discuss with you an estimate of costs with purchasing this property.
• Decide on financing.
  • We will review together the status of your loan pre-approval.
  • We will work together with your loan officer to explain financing options and help you determine the mortgage plan that best fits your requirements.
• Decide on other issues that are important to you, such as:
  • Items of personal property that you want included with the house.
  • Warranty, inspections, repairs or other home enhancements by the seller.
  • Closing date and possession.
• We will present your offer:
  • The seller will have three choices: accept your offer as it is presented; reject it completely; or propose adjustments to your offer (counter offer).
  • If there is a counter offer, you can choose whether to accept it, reject it or counter it.
• Once you have reached agreement with the seller, you will have a firm contract to purchase the home.